Ukraine has received $3B in financial aid and will receive a new $3B military aid package from the US.
Thursday, August 25, 2022

Ukraine has received $3B in financial aid and will receive a new $3B military aid package from the US.

US President Joe Biden announced the allocation of the largest package of military assistance thus far to Ukraine for $2.98B, the White House press service reported. According to Biden, Ukraine will receive air defense systems, artillery systems, ammunition, unmanned aerial systems, and radar systems to ensure it will be able to continue  defending itself over the long term. In addition, Ukraine received $3B in financial aid from the US on August 24, announced Prime Minister of Ukraine Denys Shmyhal. The money was delivered to Ukraine in the form of a grant through a mechanism of the World Bank. This is the first tranche of an additional $4.5B in direct budget support.

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